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Subsequent Event (Tables)
6 Months Ended
Jun. 30, 2013
Melphalan license [Member]
 
Summary of Allocation of Total Purchase Price to Net Assets Acquired

The allocation of the total purchase price to the net assets acquired is as follows ($ in 000’s):

 

In-process research and development—Captisol-enabled®, propylene glycol-free melphalan rights

   $  7,700   
  

 

 

 
Talon Therapeutics, Inc. [Member]
 
Summary of Allocation of Total Purchase Price to Net Assets Acquired

The following table summarizes the fair value of the net assets acquired as of July 17, 2013 ($ in 000’s):

 

Cash and equivalents

   $ 131   

Inventory

     611   

Prepaid expenses and other current assets

     602   

Property and equipment

     30   

Identifiable intangible assets

     46,300   

Goodwill

     20,606   
  

 

 

 

Total assets acquired

     68,280   

Accounts payable & accrued liabilities

     6,870   

Contingent value rights

     6,500   

Deferred tax liability

     17,300   
  

 

 

 

Total liabilities assumed

     30,670   

Net assets acquired

   $ 37,610   
  

 

 

 
Weighted-Average Amortization Period for such Intangible Assets Acquired

The acquired Marqibo intangible assets consisted of developed technology and in-process research and development for the treatment of acute lymphoblastic leukemia (“ALL”) and non-Hodgkin’s lymphoma (“NHL”) as follows in the table below ($ in 000’s):

 

     Value of
Intangible
Assets
Acquired
     Weighted-Average
Amortization
Period
 

Developed technology—Marqibo for ALL

   $ 27,800                      (1) 

In-process research and development—Marqibo for NHL

     18,500                      (1) 
  

 

 

    

Total identifiable intangible assets

   $ 46,300      
  

 

 

    

 

(1) Acquired in-process research and development (“IPR&D”) is an intangible asset classified as an indefinite-lived until the completion or abandonment of the associated R&D effort, and will be amortized over an estimated useful life to be determined at the date the project is completed. Intangible IPR&D is not amortized during the period that it is considered indefinite-lived but rather tested for impairment.